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2013 interim cotton purchasing and storage work was officially launched

According to the National Development and Reform Commission and other seven departments jointly issued the "2013 cotton temporary purchasing and storage plan," the relevant provisions of the State Council, the State Council, the State Administration of Taxation, 2013 cotton since the beginning of the year, the market price of cotton has been five consecutive working days lower than the national announced interim purchasing and storage of cotton price 20,400 yuan / ton, confirmed by the relevant state departments, September 9, China Cotton Reserve Management Corporation Referred to as "the storage Cotton Corporation") officially started in 2013 cotton temporary purchasing and storage work.

It is reported that the 2013 interim cotton storage and storage price for the standard lint to the library price per ton 20400 yuan (public weight), purchasing and storage of cotton color, length, micronaire value, rupture strength, length uniformity, rolling quality difference Rate in accordance with the "on the adjustment of" China Cotton Association of cotton quality spreadsheets "notice" implementation. The purchase price of seed cotton for the storage of cotton shall not be lower than the reference price for seed cotton purchase announced by China Cotton Association and the trading enterprise for the purchase of reference price for seed cotton will be included in the industry blacklist, Purchase and storage transactions through the National Cotton Exchange Market (hereinafter referred to as "trading market") purchasing and storage trading system, from September 9, 2013 to March 31, 2014 ended, involving Tianjin, Hebei, Shanxi, Jiangsu, Anhui , Jiangxi, Shandong, Henan, Hubei, Hunan, Shaanxi, Gansu, Xinjiang 13 provinces (autonomous regions and municipalities).

In addition, the temporary purchasing and storage of cotton this year by the China Fiber Inspection Bureau (hereinafter referred to as "the Board") in the reservoir for the weight of the site inspection and quality verification. The quality of cotton storage to the processing enterprises responsible for the life of the storage, storage and delivery process, the cotton quality problems, the Board will be based on the relevant provisions of the investigation, the storage company will cancel the processing of cotton storage qualifications.

3 days before the start of purchasing and storage (September 9-11), the daily plan to buy and store 2013 annual cotton 43,400 tons, just entering the new year, cotton has not been a large number of listed, purchasing and storage no deal. With the late new cotton picking volume and picking up the amount of increase is expected to open scale acquisition of cotton prices will gradually increase, purchasing and storage turnover will also increase.

Textile enterprises generally believe that the purchasing and storage, delivery deposit from 300 yuan / ton to 500 yuan / ton, and a clear life-long responsibility for the delivery of cotton storage. Purchasing and storage policy in strict accordance with all, in accordance with the principles of the development of the new national standard, processing enterprises will play a normative and guiding role in this year's reserve cotton quality is expected to be improved. According to the old standard, the textile industry is a major distress "high-grade cotton may not be able to spin high-grade yarn," the new year purchasing and storage according to the new national standard in the implementation of the color level, textile enterprises this problem is expected to solve, Quality, length uniformity, fracture ratio, heterosexual fibers and other indicators have a clear requirement for enterprises to reduce the cost of spinning effectively. Textile enterprises, "I hope the new national standard in the purchasing and storage policy, driven by upstream processing enterprises and farmers can gradually accept and implementation.

New shares had previously on the Shanghai Securities News said that this year's new cotton market, will open up the acquisition of seed cotton, and actively pay storage, plans to pay 16,000 tons of storage.